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posted by cmn32480 on Sunday January 08 2017, @08:25PM   Printer-friendly
from the somebody-didn't-think-this-all-the-way-through dept.

At least one UK businessman is attaching a condition to his continued support of the ruling Conservative Party:

A major Tory donor has threatened to stop funding the party if Theresa May plans to remove the UK from the "critical" single market after Brexit. Sir Andrew Cook, who has given more than £1.2m to the party, told BBC Radio 4 that ending single market access was "chronic and dangerous" to the economy. The engineering firm chairman said at least one of his factories was almost "entirely dependent" on access to it.

Sir Andrew backed the Remain campaign in the EU referendum. "There are barriers to entry without the single market, there are tariffs," said Sir Andrew, who chairs William Cook, his family's firm which makes components for the rail, energy and defence industries. "One of my factories has 200 people employed making engineering parts that go to France, Germany and Italy," he told BBC Radio 4's Today programme.

Also at Reuters. Scotland's First Minister Nicola Sturgeon has offered to take a Scottish independence referendum off the table in exchange for a "soft Brexit" involving access to the single market.

The BBC reports that while the EU's presence in London is likely to shrink, organizations like the European Banking Authority (EBA) might stick around if the UK remains in the single market.

Finally, have you applied for your Irish passport yet?


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  • (Score: 0) by Anonymous Coward on Monday January 09 2017, @10:34AM

    by Anonymous Coward on Monday January 09 2017, @10:34AM (#451402)

    > Of course the rest of Europe isn't going along with that plan.

    That would be incredibly stupid and childish. The single market is benefiting them too.

  • (Score: 1, Interesting) by Anonymous Coward on Monday January 09 2017, @01:39PM

    by Anonymous Coward on Monday January 09 2017, @01:39PM (#451436)

    > That would be incredibly stupid and childish. The single market is benefiting them too.

    If you really think like that you are out of whack compared to the vast, vast majority of humans and even apes (first best link from Google: https://www.sciencedaily.com/releases/2014/09/140918141151.htm). [sciencedaily.com]
    Large-scale cooperation is impossible without fairness, giving someone a better deal (especially if unfairly so where they benefit vastly more than anyone else) for leaving WILL rip the community apart and in the end almost certainly mean the end of even the single market.
    I am pretty sure no sane human would first insult his boss, then ask for a pay rise and lower work hours and expect to get all that even when the business still would get more benefit out of it than they are paying salary! (even if it may happen in rare cases when someone was EXTREMELY underpaid compared to what they are worth to the company)